(a) The purpose of this part is also to facilitate the acquisition, construction, rehabilitation, and preservation of affordable rental housing for faculty and community college district employees to allow them to access and maintain housing stability.
(b) A program established under this part shall be restricted to “faculty or community college district employees,” except that a community college district may allow local public employees or other members of the public to occupy housing created through this part, subject to applicable laws and regulations.
(c) A community college district shall retain the right to prioritize community college district employees over local public employees or other members of the public to occupy housing.